PE of 17 for a profit making growth company is cheap.
28 millions profit for continuing business,
If they drop admin costs from 70M to 60M there will be an additional 10m profit
Grow sales 10% = 24 million, profit = 24x0.4 (margin)= 9.6Million
then profit will be 47.6M a 50% increase. That would be amazing growth for a company with PE of 17.
You can buy a bank with a PE of 12 but there is low chance of growth, capitol loss if housing crash / recession, which has been predicted for the last several years, does eventuate?
PGC being in health care is some what defensive in the event of a recession.
Shorts are very low at 0.4 %. So shorters arent interested in the company with is a good sign.
Ann: Appendix 4E - Preliminary Final Report, page-35
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PGC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $769.7M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 46.0¢ | $152.8K | 327.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 46200 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 12200 | 2 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| PGC (ASX) Chart |